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Sec -45(3) -Transfer of Capital Asset to Firm

My doubt here is 1. If the Capital asset is given on rental basis and he is one of the partner then will it be considered under the head Income from House property? 2. Will the Rental / lease deed is also considered as transfer?


sai krishna teja

sai krishna teja

CA Inter

480

18-Mar-21 09:12

21

Answers (1)

If given on rent, then its house property. But rental deed is not transfer as rights in the property are not transferred


sudha reddy

sudha reddy

Moderator

18-Mar-21 10:18

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